117 Nippersink Road Fox Lake, IL $ 550,000
117 Nippersink Road
$ 550,000
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117 Nippersink Road

Fox Lake, IL, 60020
$ 550,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,386

117 Nippersink Road, Fox Lake, IL 60020 - Image 1

Multi-Family Home for sale in Fox Lake, IL

for $550,000 with 4 bedrooms. This home was built in 1945 on a lot size of 0.38.

117 Nippersink Rd is a fully furnished 5-unit lakefront rental property located directly on the serene shores of Nippersink Lake, part of the Chain O' Lakes in northern Illinois. The property has been operating as short-term rentals and is currently in the process of transitioning to long-term rentals, offering investors flexibility between hospitality-style income, stabilized residential income, or a hybrid rental strategy. The unit mix includes three spacious 2-bedroom units and two charming 1-bedroom units, each with a private entrance, open-concept layout, updated kitchen, and modern bath finishes. Outdoor seating areas provide guests and residents with lakefront atmosphere, water views, and easy access to boating, fishing, and waterfront recreation. Located minutes from downtown Fox Lake, shopping, dining, and the Metra station, 117 Nippersink Rd offers a strong blend of lakefront lifestyle, rental demand, and convenience. The property is also located just up the road from Fox Lake's new lakefront park, adding significant nearby amenity value for residents and guests.

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Multi-Family Active

Price

$ 550,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 13,620

Style

Lot Size

0.38

Year Built

1945

Town/City

Fox Lake

County/Region

Lake

MLS | Web ID

12631497

Features
General
Zoning COMMR
Year Built 1945
Stories Count 2
Tax Year 2025
Gross Income 999
County Lake
Net Operating Income 999
Operating Expense 999
Insurance Expense 999
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 999
Status New
Directions S on Rt 12 E on Oak St N on Forest W on Nippersink
City Fox Lake
Number Of Units Total 5
MLS Area Fox Lake
Tax Annual Amount 13620
Electric Expense 999
Fuel Expense 999
Trash Expense 999
Water Sewer Expense 999
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 50x232x74x217x14
Lot Size Acres 0.38
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* Excluded Features
List By
Re/Max Suburban

Broker

jason@jasoncre.com

Email

Affordability Calculator

$4,521
Per Month
75%
25%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$1,135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$550,000 Listed Price

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117 Nippersink Road, Fox Lake, IL, 60020 is a Multi-Family Home for sale at $550,000 with a lot size of 0.38. 117 Nippersink Road has 4 bedrooms, 0.0 baths, and was built in 1945. The property's zip code is 60020 which is in Fox Lake, IL